Box Raises FY 2026 Revenue Guidance to $1.175B Amid AI Adoption Growth

Box, Inc. has raised its FY 2026 revenue guidance to $1.175B, driven by strong adoption of Box AI and Enterprise Advanced deals, which have doubled. CEO Aaron Levie reported a 9% revenue growth in Q2 2026, exceeding guidance. The company's advanced workflow capabilities and AI adoption have contributed to the growth.

Box Inc. (NYSE: BOX) has raised its fiscal year 2026 (FY26) revenue guidance to between $1.170 billion and $1.175 billion, driven by robust adoption of Box AI and Enterprise Advanced deals, which have doubled. The company reported a 9% revenue growth in the second quarter (Q2) of FY26, exceeding analyst expectations. The strong performance was attributed to the company's advanced workflow capabilities and AI adoption [1].

Box Inc. ended Q2 with $294 million in revenue, representing a 9% year-over-year increase and a 7% increase in constant currency. The company's remaining performance obligation (RPO), a key metric for future revenue streams, grew by 16% year-over-year. The company's operating margin improved to 29%, reflecting operational efficiency and strategic investments in AI-driven solutions [2].

The company's CEO, Aaron Levie, highlighted the strong adoption of Box AI and Enterprise Advanced, noting that these deals have doubled. He also mentioned notable customer wins, including a U.S. law firm, a Fortune 500 hospitality chain, and a global industrial automation company, all leveraging Box’s AI capabilities for workflow automation and data extraction. Levie also announced new product updates, including the general availability of Box's enhanced extract agent and the beta launch of Box's MCP server. Additionally, Box has integrated and partnered with OpenAI, Anthropic, Snowflake, AWS, and Salesforce to broaden its AI ecosystem [3].

Looking ahead, Box expects Q3 FY26 revenue to be between $298 million and $299 million, representing approximately 8% year-over-year growth. The company also anticipates Q3 billings to grow by approximately 10%, with a gross margin of approximately 81% and a non-GAAP operating margin at approximately 28%. For FY26, the company expects non-GAAP diluted EPS to be between $1.26 and $1.28 [2].

The company's strong performance and strategic initiatives position it well for sustained growth in the intelligent content management market. The consistent improvement across key financial and operational metrics, combined with its strategic investments in AI-driven solutions, suggests Box is successfully navigating the competitive landscape while delivering value to both customers and shareholders.

References:
[1] https://www.tradingview.com/news/reuters.com,2025:newsml_PLX4BD3B8:0-content-cloud-firm-box-q2-revenue-beats-estimates/
[2] https://www.investing.com/news/company-news/box-q2-fy26-slides-revenue-growth-accelerates-to-9-raises-fullyear-guidance-93CH-4211712
[3] https://seekingalpha.com/news/4489359-box-raises-fy-2026-revenue-guidance-to-1_175b-as-enterprise-advanced-deals-double-and-ai